- SPACs
- Alpha Star Acquisition Corp
Alpha Star Acquisition Corp
Completed 2025-05-20- CIK 1865111
- ALSA
- Now ALSAF
- IPO 2021-12-14
- $421K trust
- 138 filings
Successfully merged with OU XDATA GROUP (XDATA) • Now trading as ALSAF
- IPO Size
- $115M
- raised at the IPO
- Trust
- $421K
- as of 2025-03-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
138 filings over 23 quarters; violet bars carry a milestone
- 21 Q2: 1 filing
- 21 Q3: 6 filings
- 21 Q4: 24 filings
- 22 Q1: 8 filings
- 22 Q2: 1 filing
- 22 Q3: 3 filings
- 22 Q4: 8 filings
- 23 Q1: 7 filings
- 23 Q2: 3 filings
- 23 Q3: 2 filings
- 23 Q4: 4 filings
- 24 Q1: 9 filings
- 24 Q2: 13 filings
- 24 Q3: 9 filings
- 24 Q4: 11 filings
- 25 Q1: 3 filings
- 25 Q2: 8 filings
- 25 Q3: 1 filing
- 25 Q4: 5 filings
- 26 Q1: 2 filings
- 26 Q2: 5 filings
- 26 Q3: 4 filings
- 26 Q4: 1 filing
- S-1 filed 21 Q2
- IPO 21 Q4
- Definitive agreement 24 Q3
- Completed 25 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2021-06-29 Filed S1
- IPO2021-12-14 IPO, search begins
- Definitive Agreement2024-09-12 Agreement for merger
- Completed2025-05-20 Merger Completed
About
Alpha Star Acquisition Corporation is a blank-check company formed to pursue a business combination. It intends to focus on businesses with a connection to the Asian market and seeks to provide those businesses access to U.S. capital markets.
Investment Focus
Renewable Energy, Technology, FinTech, Healthcare, Consumer, Retail, Energy, Natural Resources, Manufacturing, Education
Geographic Focus
Asia
Key Information
As the filings state it
- IPO Date
- 2021-12-14
- Total Redemptions
- $104M
- SIC
- 6770
- Completion Date
- 2025-05-20
- Merger Target
- OU XDATA GROUP (XDATA)
- SPAC Ticker
- ALSA
- Merged Ticker
- ALSAF
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Chairman and CEO Zhe Zhang and CFO Guojian Chen, the team has experience in mergers and acquisitions and operating companies in Asia. Its members have backgrounds spanning asset management, investment banking, finance, corporate management, and international business.